This excerpt of Keiser Report features Reggie Middleton proffering a simple definition of what a bank is and why the EU/ECB/Germany, through Cypress has utterly destroyed the confidence in the concept of banking in Europe.

Later in the clip illustrates the not so burgeoning conflict between Samsung and Google, and hints at his next financial analysis which may be poised to actually topple banking in the EU as we know it.

Remember, Reggie Middleton is the only one to have explicitly and in detail call for the fall of Bear Stearns, Lehman Brothers, the US & European housing/commercial real estate markets, monoline insurers…. Simultaneously!

[3] The Bank Runs In Greece Will Soon Be Followed By Bank Runs In Other European Nations: http://www.prisonplanet.com/the-bank-runs-in-greece-will-soon-be-followed-by-bank-runs-in-other-european-nations.html